Get started

Gold

Beaish drop?The Gold (XAU/USD) is rising towards the pivot which aligns with the 50% Fibonacci retracement and could reverse to the 1st support. Pivot: 3,356.57 1st Support: 3,330.37 1st Resistance: 3,374.33 Risk Warning: Trading Forex and CFDs carries a high level of risk to your capital and you should only trade with money you can afford to lose. Trading Forex and CFDs may not be suitable for all investors, so please ensure that you fully understand the risks involved and seek independent advice if necessary. Disclaimer: The above opinions given constitute general market commentary, and do not constitute the opinion or advice of IC Markets or any form of personal or investment advice. Any opinions, news, research, analyses, prices, other information, or links to third-party sites contained on this website are provided on an "as-is" basis, are intended only to be informative, is not an advice nor a recommendation, nor research, or a record of our trading prices, or an offer of, or solicitation for a transaction in any financial instrument and thus should not be treated as such. The information provided does not involve any specific investment objectives, financial situation and needs of any specific person who may receive it. Please be aware, that past performance is not a reliable indicator of future performance and/or results. Past Performance or Forward-looking scenarios based upon the reasonable beliefs of the third-party provider are not a guarantee of future performance. Actual results may differ materially from those anticipated in forward-looking or past performance statements. IC Markets makes no representation or warranty and assumes no liability as to the accuracy or completeness of the information provided, nor any loss arising from any investment based on a recommendation, forecast or any information supplied by any third-party.
ICMARKETS:XAUUSDShort
by ICmarkets
XAUUSD 1440M forecast Based on the latest available information for July 15, 2025, the overall sentiment for XAUUSD (Gold) in the next 24 hours leans towards a bullish outlook, though with potential for short-term fluctuations and pullbacks. Key Drivers for Bullish Outlook: Escalating Trade Tensions: US President Donald Trump's ongoing tariff and trade policies are a significant factor. New tariffs and threats against various countries (EU, Mexico, Japan, South Korea, Brazil, Canada) are creating global economic uncertainty, which typically boosts gold's appeal as a safe-haven asset. Geopolitical Uncertainty: Broader geopolitical risks, including those related to Russia and Ukraine, also contribute to safe-haven demand for gold. Inflation Concerns: Tariffs are linked to inflation concerns. Gold performs strongly in a high-inflation environment, and market expectations are shifting towards a more gradual easing of interest rates by the Fed, allowing for inflation to be a potential driver. Central Bank Demand: Central banks globally, particularly the US and China, continue to be strong buyers of gold, indicating a sustained structural trend of higher gold purchases. Technical Support: Several analyses point to gold finding support at key levels (e.g., around $3340-3345, 200 EMA), suggesting potential for bounces and continuation of an upward trend. "Buy on Dip" Strategy: Many analysts are recommending a "buy on dip" strategy, indicating an underlying bullish bias and viewing any short-term declines as buying opportunities. Factors to Watch (Potential for Pullbacks/Volatility): Short-Term Weakness/Consolidation: Some technical indicators suggest short-term weakness or consolidation, with gold testing resistance levels (e.g., $3375-3380, $3400). US Dollar Strength: While trade tensions can weaken the dollar, there are mixed signals. A stronger US dollar can put downward pressure on gold prices as it makes gold more expensive for holders of other currencies. Inflation Data and Fed Signals: Investors are closely watching US inflation data (CPI) and signals from Federal Reserve officials regarding interest rate cuts. While some expect cuts later in the year, any hawkish surprises could temper gold's rise. Trade Deal Hopes: Any signs of de-escalation in trade tensions or progress towards agreements could temporarily reduce safe-haven demand for gold. Specific Price Levels Mentioned: Resistance: $3375-3380, $3400, $3432, $3450-3470, $3500 (all-time high). Support: $3340-3345, $3325-3330, $3289-3303, $3240-3246. In summary, the prevailing sentiment for XAUUSD over the next 24 hours appears to be bullish, driven by ongoing global trade tensions and safe-haven demand. However, be prepared for potential short-term pullbacks or consolidation as the market digests new information and tests key resistance levels. For those interested in further developing their trading skills based on these types of analyses, consider exploring the mentoring program offered by Shunya Trade. I welcome your feedback on this analysis, as it will inform and enhance my future work. Regards, Shunya Trade ⚠️ Disclaimer: This post is educational content and does not constitute investment advice, financial advice, or trading recommendations. The views expressed here are based on technical analysis and are shared solely for informational purposes. The stock market is subject to risks, including capital loss, and readers should exercise due diligence before investing. We do not take responsibility for decisions made based on this content. Consult a certified financial advisor for personalized guidance.
OANDA:XAUUSD
by shoonya0000
XAUUSD Triangle about to break upwards aggressively.Gold (XAUUSD) has been trading within a Triangle pattern since the April 22 High. It is now above its 1D MA50 (blue trend-line), which has been turned into its Pivot and technically it is about to break upwards as it is running out of space. As long as the 1D MA100 (green trend-line) holds, the market technically targets the 2.618 Fibonacci extension, which is what the last two Bullish Legs hit, which currently sits at 3770. A 1D RSI break above its own Lower Highs trend-line, could be an early buy signal. ------------------------------------------------------------------------------- ** Please LIKE 👍, FOLLOW ✅, SHARE 🙌 and COMMENT ✍ if you enjoy this idea! Also share your ideas and charts in the comments section below! This is best way to keep it relevant, support us, keep the content here free and allow the idea to reach as many people as possible. ** ------------------------------------------------------------------------------- Disclosure: I am part of Trade Nation's Influencer program and receive a monthly fee for using their TradingView charts in my analysis. 💸💸💸💸💸💸 👇 👇 👇 👇 👇 👇
TRADENATION:XAUUSDLong
by TradingShot
1
GOLD 4H CHART ROUTE MAP UPDATEHey Everyone, Great start to the week with our chart idea playing out as analysed. We started the week with our Bullish target 3364 HIT, followed with no ema5 lock confirming the rejection. Bearish target remains open and may complete with the rejection. We will continue with our plans to buy dips, utilising the support levels from the bearish targets and/or Goldturns. Also keeping in mind our 1h chart, although gave a nice push up , the full Bullish gap remains open. We will keep the above in mind when taking buys from dips. Our updated levels and weighted levels will allow us to track the movement down and then catch bounces up. We will continue to buy dips using our support levels taking 20 to 40 pips. As stated before each of our level structures give 20 to 40 pip bounces, which is enough for a nice entry and exit. If you back test the levels we shared every week for the past 24 months, you can see how effectively they were used to trade with or against short/mid term swings and trends. The swing range give bigger bounces then our weighted levels that's the difference between weighted levels and swing ranges. BULLISH TARGET 3364 - DONE EMA5 CROSS AND LOCK ABOVE 3364 WILL OPEN THE FOLLOWING BULLISH TARGETS 3429 EMA5 CROSS AND LOCK ABOVE 3429 WILL OPEN THE FOLLOWING BULLISH TARGET 3499 EMA5 CROSS AND LOCK ABOVE 3499 WILL OPEN THE FOLLOWING BULLISH TARGET 3561 BEARISH TARGETS 3297 EMA5 CROSS AND LOCK BELOW 3297 WILL OPEN THE SWING RANGE 3242 3171 EMA5 CROSS AND LOCK BELOW 3171 WILL OPEN THE SECONDARY SWING RANGE 3089 3001 As always, we will keep you all updated with regular updates throughout the week and how we manage the active ideas and setups. Thank you all for your likes, comments and follows, we really appreciate it! Mr Gold GoldViewFX
OANDA:XAUUSD
by Goldviewfx
6
"Ethereum Is The New Bitcoin" - Tom Lee ETH / Stablecoins Are the ChatGPT of Crypto Stablecoins are exploding in adoption — just like ChatGPT took over AI and Ethereum is the engine driving that revolution. In this post, we break down 10 reasons why Tom Lee is extremely bullish on Ethereum and why it could be the single most important digital asset in the future of finance . If you're sleeping on ETH, this might be your wake-up call. Top 10 Bullish Points from Tom Lee on Ethereum: • Ethereum is the backbone of stablecoins , which Tom Lee compares to the “ChatGPT of crypto” due to their viral adoption and massive utility. • Over 51% of all stablecoins operate on Ethereum , contributing to around 30% of the network’s total fees. • Ethereum network fees could 10x as stablecoin usage grows from $250 billion to $2 trillion. • Ethereum is positioned to lead the tokenization of real-world assets , including stocks and real estate. • ETH could reach $10,000 if asset tokenization becomes a mainstream financial practice. • Ethereum has a regulatory edge in the U.S. , making it the preferred platform for compliant financial innovation. • A $250 million ETH treasury strategy is underway , aiming to use Ethereum as a long-term reserve asset. • Institutions will buy and stake ETH to secure stablecoin networks, making ETH the “next Bitcoin.” • Ethereum dominates the crypto ecosystem , with nearly 60% of activity including DeFi, NFTs, and dApps built on its chain. • HODL ETH for long-term growth , as its utility, demand, and institutional support continue to rise. Conclusion: Ethereum isn’t just a Layer 1 blockchain — it’s becoming the core financial infrastructure for the digital age . As stablecoins expand and institutions enter, ETH could be the most asymmetric opportunity in crypto right now. 📢 Drop a like, leave your thoughts in the comments, and don’t forget to follow for more powerful macro + crypto insights. 👍👍
COINBASE:ETHUSDLong
by MartyBoots
36
The market is bullish, but I am bearish. Don't regret it.📰 News information： 1. Focus on tomorrow's CPI data 2. Bowman's speech at the Federal Reserve 3. Tariff information outflows and countries' responses to tariff issues 📈 Technical Analysis： This week, the US CPI data, consumer index, tariff issues and geopolitical situation are all key points to pay attention to. In the morning, both our long and short positions had good gains, making a good start to the week. The best way is to follow the trend and grab limited profits! In the 4H cycle, the current trend shows a Zhendan upward pattern, and bulls still occupy the dominant low position in the short term. At the daily level, three consecutive positive days at the end of last week broke through the middle track, and the high point broke through the previous high, indicating that the short-term adjustment is over, and the rise in the market to test 3400 will be a high probability event. At present, the MACD daily line is bullish, the Bollinger Bands are flat, and the gold price is above the middle track. The bulls are strong, but there is still a need for a correction. Intraday trading focuses on the strength of the European session. If the European session is strong, the US session will continue to rise, and if the European session is weak, the US session will bottom out again. In the short term, if it touches 3370-3375 again, you can consider shorting and look towards 3365-3355 SL 3380. 🎯 Trading Points： sell 3370-3375 tp 3365-3355-3345 In addition to investment, life also includes poetry, distant places, and Allen. Facing the market is actually facing yourself, correcting your shortcomings, facing your mistakes, and exercising strict self-discipline. I share free trading strategies and analysis ideas every day for reference by brothers. I hope my analysis can help you. FXOPEN:XAUUSD TVC:GOLD FX:XAUUSD FOREXCOM:XAUUSD PEPPERSTONE:XAUUSD OANDA:XAUUSD
OANDA:XAUUSDShort
by Allenbrowser-3
XUA/USD) Bullish Analysis Read The captionSMC trading point update Technical analysis of Gold (XAU/USD) analysis on the 3-hour --- Gold (XAU/USD) 3H Technical Analysis Summary Market Structure: Bullish breakout Price has successfully broken above both the downtrend line and the support zone (highlighted in yellow), signaling a shift in structure from bearish to bullish. Key Support Zone: The yellow zone (~3,335–3,355) was previously a resistance area. After the breakout, it is acting as a strong support level and has been retested. Trendlines: Downtrend line: Broken and retested. Uptrend line: Guiding current price action, supporting higher lows and forming an ascending channel. 200 EMA (blue line): Price is trading above the EMA 200 (~3,331), confirming bullish bias and providing dynamic support. Momentum (RSI 14): RSI is around 67.85, showing strong bullish momentum. Nearing overbought, so a minor pullback or consolidation could occur before continuation. Volume: Increase in buying volume near breakout area suggests institutional interest or strong buyer conviction. Mr SMC trading point --- Conclusion: Price has shifted into a bullish continuation pattern. A successful break and retest of structure and trendlines increases the likelihood of further upside. As long as price holds above the yellow support zone and the uptrend line, bullish momentum is favored. Short-term pullbacks may offer new long opportunities. --- Please support boost 🚀 this analysis)
CAPITALCOM:GOLDLong
by SMC-Trading-Point
7
XAU/USD Weekly Update — July 14, 2025⌛Timeframe: . 📆 Date: July 14, 2025 . 🎯 Weekly Bias: Mildly Bullish — elevated risk, cautious momentum 🔎 Market Overview: 🛡️ Safe‑haven demand surging: Renewed 30% tariffs on EU, Mexico, Canada have pushed investors into gold, lifting prices to a 3-week high. 📉 Weak USD & inflation hedge: A softer U.S. dollar, under pressure from dovish Fed speculation, continues to support gold. A predicted September rate cut further boosts gold’s appeal. 🏦 Central bank accumulation: Q1 2025 saw record demand from central banks (≈244 tonnes), with many reallocating reserves toward gold for geopolitical and de-dollarization reasons. 📈 YTD performance standout: Gold is up ~27% this year, leading other assets. Bullish technical indicators like tightening Bollinger Bands and sustained MACD support continuation. 🌀 Market Sentiment: 🔽 Exchange reserves continue dropping: Indicative of increased HODLing and lower upcoming sell pressure. 🧠 Sentiment firmly bullish: Analysts highlight risk‑off bias; gold remains favored amid trade tensions. 🤝 ETF inflows & institutional buying: Strong flows through gold ETFs and central bank buying reflect ongoing structural support. 🔧 Technical Analysis: 📊 Weekly Movement: +1.9% weekly gain, now at $3,367. ✅ Key Levels: 🔻 Resistance: $3,374 → $3,400 🔺 Support: $3,350 → $3,331 🟢 Signals: Mild bearish RSI divergence hints at short-term pause 🟢 Weekly Bias: Mildly Bullish — momentum favored, but caution amid technical divergence. . . . ⚠️ Risk Reminder: For educational purposes only — not financial advice. Utilize prudent risk management. 👍 If this update helps, hit like, comment your view, and follow for timely XAUUSD alerts!
FOREXCOM:XAUUSD
by Apollo_Capital
2
Beware of the market's trap of luring more investors, short 3335Regarding recent trading strategies, I believe you have also seen my trading win rate. I often inform the future trend of gold several hours or even days in advance, because my many years of trading experience have made me an excellent poisonous wolf in the trading market. Now I see a lot of bullish voices in the market, but my wolf’s sense of smell has discovered danger signals. In the short term, I think that without the influence of news, the market needs to digest the overbought momentum of the bulls. From the 4H chart, the middle track of the Bollinger Band is at 3332, which is very close to the strong support of 3330 given by us during the day. Therefore, I think that at least within 4 hours, gold will fall back to test the support below 3340-3330, or even 3320. Since most people want to follow the crowd, let them go. They will only fall into the trap set by the market. Let's prove with facts whether following the wolf pack will make you hungry or well fed. OANDA:XAUUSD
OANDA:XAUUSDShort
by HuntingWolves
3
XAUUSDHello Traders! 👋 What are your thoughts on XAUUSD? Gold has successfully broken above its descending trendline, signaling a potential shift in market structure and growing bullish momentum. A pullback toward the broken trendline is now likely, as price may retest the breakout zone. Once the pullback is completed, we anticipate a bullish continuation and a move toward higher levels. As long as price holds above the identified support zone, the bullish outlook remains valid. Will gold resume its rally after the pullback? Share your thoughts in the comments! 🤔👇 Don’t forget to like and share your thoughts in the comments! ❤️
OANDA:XAUUSDLong
by HAMED_AZ
44
Gold Roadmap=>Short termGold ( OANDA:XAUUSD ) currently appears to have broken through the Resistance zone($3,350-$3,325) . The Resistance zone($3,350-$3,325) was broken with the help of the Descending Broadening Wedge Pattern , the upper line of this classic pattern having served as an important resistance line for us in previous ideas . In terms of Elliott wave theory , Gold has completed the Double Three Correction(WXY) within the Descending Broadening Wedge Pattern . It is currently completing the next five impulse waves . Wave 5 of these waves could end in the Potential Reversal Zone(PRZ) . I expect Gold to rise to the Potential Reversal Zone(PRZ) , and of course, given the momentum of gold approaching PRZ , we can also look for Short positions in PRZ . Note: Stop Loss (SL) = $3,329 Gold Analyze (XAUUSD), 1-hour time frame. Be sure to follow the updated ideas. Do not forget to put a Stop loss for your positions (For every position you want to open). Please follow your strategy; this is just my idea, and I will gladly see your ideas in this post. Please do not forget the ✅ ' like ' ✅ button 🙏😊 & Share it with your friends; thanks, and Trade safe.
OANDA:XAUUSDLong
by pejman_zwin
17
XAUUSD - Gold Awaits Tariff News?!Gold is trading above the EMA200 and EMA50 on the hourly chart and is trading in its medium-term ascending channel. We remain bullish on the commodity and can expect to see $3,400. A correction towards the demand zones would provide us with a better risk-reward buying opportunity. Gold markets experienced significant volatility this past week, largely driven by global trade developments and speculation over future Federal Reserve actions. Although gold posted a positive weekly performance, it remained confined within its recent trading range and continued to trade cautiously. Marc Chandler, CEO of Bannockburn Global Forex, noted, “Gold saw declines on Monday and Tuesday, but a three-day rally brought the week to a positive close. It appears that the announcement of new U.S. tariffs played a major role in this rebound. However, it remains uncertain whether the consolidation phase following the historic high near $3,500 has concluded.” Adam Button, head of currency strategy at Forexlive.com, said that since the passage of the “Big, Beautiful Bill” last week, markets have split into two opposing camps. “The optimists are enthusiastically buying equities, while the pessimists are flocking to precious metals. The bulls believe the budget deficit could stimulate growth, but the bears are concerned about the long-term burden of repaying it.” He continued: “This divide is evident across the market. Bearish capital is flowing into bitcoin, silver, and gold. While retail traders are largely focused on bitcoin and silver, gold remains the preferred safe haven for central banks and global reserve managers. These institutions are likely observing Trump’s policies and the political landscape carefully before reducing reliance on the U.S. dollar and reallocating reserves toward gold.” He added, “Among retail traders, patience seems to have worn thin, and many are ready to enter the market aggressively.” Button also stated that the markets are no longer reacting seriously to Trump’s tariff rhetoric. “The reaction of the Canadian dollar after the 35% tariff announcement on Thursday clearly reflected this indifference. Even the Brazilian real barely moved despite facing unexpected tariffs. Now all eyes are on the potential tariffs on Europe—an announcement that could come at any moment and serve as a key test. Still, I expect the market will shrug it off. The only question is whether that indifference lasts an hour or even less.” Meanwhile, Deutsche Bank has issued a warning that financial markets may be underestimating the risk of Federal Reserve Chair Jerome Powell being dismissed by Trump. According to Bloomberg, George Saravelos, the bank’s senior strategist, said that such a move could result in a 3–4% drop in the U.S. dollar and a 30–40 basis point surge in Treasury yields within a single day. He emphasized that removing Powell would be a significant blow to the Fed’s independence and would raise concerns about direct political interference in monetary policymaking. The market’s long-term response would depend on Trump’s nominee to replace Powell, how other Fed officials react, and the overall state of the economy. Deutsche Bank also warned that the U.S.’s weak external financing position could amplify market volatility well beyond the initial shock. Looking ahead to next week, investors will be closely watching developments around trade tariffs, but special attention will also be paid to the U.S. Consumer Price Index (CPI) for June. According to the ISM Purchasing Managers Index (PMI), prices in the manufacturing sector have slightly accelerated, while price components in the non-manufacturing sector have dropped notably. Since manufacturing only accounts for 10% of U.S.GDP, the risks to CPI appear skewed to the downside. A slowdown in inflation may lead some market participants to reassess the likelihood of a July rate cut—potentially halting the recent upward momentum of the U.S. dollar. On Wednesday, June’s Producer Price Index (PPI) data will be released, followed by June retail sales figures on Thursday. Additionally, Friday will see the preliminary results of the University of Michigan’s consumer sentiment survey for July. This report is closely watched for its one-year inflation expectations. The annual rate surged to 6.6% in May before dropping to 5% in June. If this downward trend continues, it could reinforce the view that inflation risks are easing, potentially leading to a modest pullback in the dollar.
FOREXCOM:XAUUSDLong
by Ali_PSND
THE KOG REPORT THE KOG REPORT: In last week’s KOG Report we said we would be looking for the price to spike down into potentially the extension level 3310 and then give us the tap and bounce we wanted to be able to capture the long trade in to the 3345-50 region initially. It was those higher resistance levels that we said we would stick with and the bias was bearish below. This move resulted in a decent long trade upside into the region we wanted, and then the decline we witnessed mid-week completing all of our bearish target levels which were shared with everyone. On top of that, we got the bounce we wanted for the long trade but only back up into the 3335 level which was an Excalibur active target. The rest, we just sat and watched on Friday as unless we were already in the move, the only thing we could have done is get in with the volume, which isn’t a great idea with the limited pull backs. All in all, a great week in Camelot not only on Gold, but also the other pairs we trade with the DAX swing trade being a point to point swing move executed with precision by the team. So, what can we expect in the week ahead? We’ll keep it simple again this week but will say this, there seems we may see a curveball on the way this week. With tariff news over the weekend we may see price open across the markets with gaps, one thing we will say is if you see these gaps, don’t gap chase until you see a clean reversal! We have the higher level here of 3375-85 resistance and lower support here 3350-45. If support holds on open we may see that push upside into the red box which is the one that needs to be monitored. Failure to breach can result in a correction all the way back down into the 3335 level initially. Again, this lower support level is the key level for this week and needs to be monitored for a breach which should then result in a completed correction of the move. Our volume indicators are suggesting a higher high can take place here and if we do get a clean reversal we should see this pull back deeply. As usual we will follow the strategy that has been taught and let Excalibur guide the way. KOG’s bias for the week: Bullish above 3350 with targets above 3360, 3373, 3375 and 3383 for now Bearish below 3350 with targets below 3340, 3335, 3329, 3320 and 3310 for now RED BOX TARGETS: Break above 3365 for 3372, 3375, 3382, 3390 and 3406 in extension of the move Break below 3350 for 3340, 3335, 3329, 3322 and 3310 in extension of the move It’s a HUGE RANGE this week so play caution, wait for the right set ups, don’t treat it like it’s your every day market condition. News from Tuesday so expect Monday to be choppy! Please do support us by hitting the like button, leaving a comment, and giving us a follow. We’ve been doing this for a long time now providing traders with in-depth free analysis on Gold, so your likes and comments are very much appreciated. As always, trade safe. KOG
FX:XAUUSD
by KnightsofGold
29
XAU/USD : Gold at a Turning Point – Rejection or Breakout Ahead?By analyzing the TVC:GOLD (XAUUSD) chart on the 4-hour timeframe, we can see that price climbed to $3330 today, entering a key supply zone, which triggered a pullback down to $3310. Gold is now trading around $3317, and I’m watching several potential setups closely. Scenario 1: If gold stabilizes below $3320, we could see a bearish move toward $3296. Scenario 2: If price breaks above the $3333 resistance, it may enter the next supply zone between $3341 and $3351, which could trigger a strong rejection—potentially offering a 100 to 400 pip move. Now let’s break down the key levels to watch: Supply zones: $3320, $3333, $3342, $3358 Demand zones: $3303, $3296, $3289, $3278 Monitor how price reacts to each of these zones — they may provide excellent opportunities.
FX_IDC:XAUUSDShort
by ArmanShabanTrading
58
Gold Eyes CPI as Tariffs BiteGold (XAU/USD) continues to push higher, recently hitting $3,360. The latest catalyst: escalating trade tensions, as President Trump imposes a fresh round of 30% tariffs on EU and Mexican goods. This is boosting safe-haven demand and weighing on the dollar, albeit modestly. Still, with the Federal Reserve signalling a cautious stance on rate cuts, gold may need an additional spark to clear long-term resistance. Chart Setup: • Current Resistance: Gold is trading just below $3,365, a multi-session ceiling. • Indicators: The RSI remains above 50, reflecting bullish momentum. • Breakout Potential: A strong CPI print tomorrow could challenge this uptrend. But if CPI cools, gold could test the $3,400 psychological barrier. • Pullback Risk: A drop below $3,350 (23.6% Fibonacci) could bring us back to the $3,340–$3,320 support zone. Markets are on edge ahead of Tuesday's U.S. CPI report, which may significantly influence inflation expectations, Fed policy, and safe-haven demand.
TRADENATION:XAUUSDLong
by FDGCapital
Gold another bullish breakout supported at 3308The Gold remains in a bullish trend, with recent price action showing signs of a continuation breakout within the broader uptrend. Support Zone: 3308 – a key level from previous consolidation. Price is currently testing or approaching this level. A bullish rebound from 3308 would confirm ongoing upside momentum, with potential targets at: 3387 – initial resistance 3400 – psychological and structural level 3435 – extended resistance on the longer-term chart Bearish Scenario: A confirmed break and daily close below 3308 would weaken the bullish outlook and suggest deeper downside risk toward: 3290 – minor support 3268 – stronger support and potential demand zone Outlook: Bullish bias remains intact while the Gold holds above 3308. A sustained break below this level could shift momentum to the downside in the short term. This communication is for informational purposes only and should not be viewed as any form of recommendation as to a particular course of action or as investment advice. It is not intended as an offer or solicitation for the purchase or sale of any financial instrument or as an official confirmation of any transaction. Opinions, estimates and assumptions expressed herein are made as of the date of this communication and are subject to change without notice. This communication has been prepared based upon information, including market prices, data and other information, believed to be reliable; however, Trade Nation does not warrant its completeness or accuracy. All market prices and market data contained in or attached to this communication are indicative and subject to change without notice.
TRADENATION:XAUUSD
by TradeNation